Airport In Srinagar Classified As Major Airport

Please Subscribe and Get Daily Updates in Your Inbox!!!

Please Subscribe and Get Daily Update in Your Inbox
Loading

10 November 2021 Current Affairs:On November 6, 2021, the Ministry of Civil Aviation designated “Srinagar International Airport” as a “Major Airport.”

Highlights:
♦ By exercising the powers provided by Subsection I of Section 2 of the Airports Economic Regulatory Authority of India Act, 2008, the airport was designated as a major airport.
♦ Amit Shah, the Union Home Minister, had earlier inaugurated international flight operations at Srinagar airport on October 23. 
♦ The first direct international flight connecting Srinagar, Sharjah, and the United Arab Emirates was launched (UAE).
♦ The Airports Economic Regulatory Authority will set the tariff for aeronautical services at Srinagar Airport as a result of this decision (AERA).

Airports Economic Regulatory Authority (AERA)
♦ As a statutory entity, AERA is a regulatory agency under the Government of India. It sets tariffs, as well as other costs and fees, for major airports.
♦ The Airports Economic Regulatory Authority of India Act (AERA) of 2008 formed it.
♦ Tariffs and taxes charged to airports and passengers are regulated by this agency. It also keeps track of service quality.

Tariff By AREA
♦ Under section 13 of the Airports Economic Regulatory Authority of India Act, 2008, AERA has been tasked with determining tariffs for aeronautical services provided at major airports.
♦ Tariffs at non-major airports are set by the Airports Authority of India (AAI). The AAI is a department of the Ministry of Civil Aviation.
 

Leave a Reply

Your email address will not be published.